Welcome to my analysis In the H4 timeframe, mass movements will cut the 100 SMA line at 0.6484, then bounce back from this level and rise to the current stable area at 0.6580. There is a strong probability that a triangle pattern will form if the...
In this post, I would like to point out and explain one of the most important trading and chart analysis tools, which relies on price channels. These channels are considered one of the most successful methods for determining the general direction...
GBPCAD Technical Analysis I'm talking about GBPCAD today. The current market price is 1.8570. The market price has formed a downtrend and continues to follow the same trend. The price was forced to rise to the resistance level again due to the...
EUR/USD MARKET ANALYSIS Daily Timeframe Monitored using the Bollinger bands indicator on the Daily timeframe, it can be seen that the price or candlestick was able to be controlled again by the buyer or buyer who was able to maintain the price to...
Technical analysis of GOLD Gold is currently trading at 3364, showing signs of a downtrend as selling pressure appears to outweigh buying interest. The immediate resistance level stands at 3377, which has previously acted as a barrier to upward...